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Re: silver: is this the ceiling?nope? maybe?/Coral

Hi Coral

Ya sometimes I 'count the bars', lol... but usually wave patterns is what I'm into,
Mainly it is the time of year that has me spooked with silver, and the enormity of the size of the run, (and the fact that 37.50 has been a target of mine going wayyy back) as well as I thought it might be wise to purchase a couple of way-out-of-the-money puts as a hedge to a violent drop, because of the physical I own and do not wish to sell until late 2012...when silver could be a coupla hundered bucks....
And I think that if silver is going to take a plunge it will do it now...if it does not plunge by early April I believe it's just gonna keep on truckin', and it is a new paradigm altogether....

Anyways, those are my thoughts,


Messages In This Thread

Re: silver: is this the ceiling?nope? maybe?/Coral